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    Melvin, MI Triplexes for Sale

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    Yale, MI Lynn, MI Peck, MI
    Post Office Building with Two Apartments
    $244,900
    1,885 SF
    Post Office Building with Two Apartments

    1296 Main Street, Melvin, MI 48454

    Mixed-use income property with an active USPS lease and two leased 2-bedroom apartments in Melvin, Michigan.
    • Post office building with rentals in the heart of Melvin, including a USPS tenant and two residential 2‑bedroom apartments
    • USPS lower front unit is leased for $849.75 with a five‑year lease starting last Oct 1; USPS has been a tenant since 1930 (94 years continuous service)
    • Residential apartments: upper unit leased at $625 and lower unit leased at $700; both apartments are 2‑bedroom and on month‑to‑month contracts
    • Common washer‑dryer area, plus an attached garage for lawn implement storage and a storage shed in the spacious back yard overlooking farm fields
    • Major improvements reported by current owner: new roof (back apartment/garage), upgraded main electric panel, new well pump & piping, new double windows, new refrigerators/appliances, new 50‑gal water heater, new commercial‑grade flooring for post office
    Updated: May 6
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Melvin, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    Established Business with Development Potential
    $799,900
    2,184 SF
    Established Business with Development Potential

    Party store, rental property, and approved gas station development plans.

    937 OAK Street, Port Huron, MI 48060

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    Updated Multifamily Investment Opportunity
    $167,000
    Updated Multifamily Investment Opportunity

    Turn-key, updated 3-unit multifamily property with income potential.

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    Renovated Triplex Near Downtown
    $188,000
    0.13 Acres
    Renovated Triplex Near Downtown

    Renovated triplex in Port Huron, generating $2,450 monthly rent.

    822 Wall Street, Port Huron, MI 48060

    View details

    Melvin, MI Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Melvin, MI on our real estate platform. These investment opportunities span a total of 1,885 square feet of properties for sale, with an estimated market value of $244,900.

    Sale prices for three-family homes in Melvin, MI start at $244,900, averaging $244,900, and reaching up to $244,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 1,251
    Population Growth (5Y) +7.1%
    Median Household Income $62,300
    College Educated 17.3%

    High-Yield Neighborhoods for Investment

    Identify Melvin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48454 $244.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.23%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sanilac County

    New Delisted

    Total CRE Inventory on Market (SF)

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